PlayStation revenues fall as handheld console sales forecasts are downsized

Sony has again lowered its predicted handheld sales as revenues fall for the latest quarter.

CVG reports that having once predicted combined unit sales of 16m for the Vita and PSP, this was later downsized to 12m. Now Sony has again cut the forecast to just 10m handheld unit sales for the year ending March 31st 2013.

PS3 forecasts remain unchanged.

The news comes as Sony’s PlayStation division reported a 14 per cent year-on-year drop in revenues of 148bn for the last financial quarter. Operating income was down by around a quarter at at 2.3bn.

Combined PS3 and PS2 sales fell from 4.9m last year to just 3.5m units. Handheld sales were down ever so slightly at 1.6m – a shock considering that Sony now has the Vita on the marketplace.